Central Asian nation Uzbekistan will permit crypto mining using solar-powered energy, according to a presidential decree released earlier this week. Uzbekistan Legalizes Solar-Powered Crypto Mining Re...
Tag: Invest
Luxury Brand Gucci to Accept Crypto Payments in U.S. Stores
Luxury fashion powerhouse Gucci will start accepting crypto as a payment method at the end of this month, Vogue Business reported earlier this week. Gucci to Test Crypto Payment The firm will accept o...
Traders Still in Search of BTC Floor Price
Last month did not go as planned for the bulls as Bitcoin failed to impress. There were several bullish predictions as to how the apex coin would perform but all failed as price progression was marred...
Google Forms Web3-Focused Team to Provide Services For Developers
Google has disclosed that its Cloud unit is putting together a team that will build services for blockchain developers creating Web3 applications, according to a recent report by CNBC. Per the interna...
Invest now in Logarithmic Finance (LOG) as well as Monero (XMR) and Stellar (XLM) to potentially become a Millionaire
Crypto trading is a dynamic concept that can be confusing to investors, new and old alike. Knowing exactly where to put your money poses a conundrum that no one wants to have to deal with all the time...
Luna Foundation Purchases Additional $1.5B in Bitcoin to Bolster TerraUSD (UST) Reserve
The Luna Foundation Guard (LFG), a non-profit and the team behind Terra (LUNA) announced today that it has purchased an additional 37,863 bitcoins worth $1.5 billion to bolster its UST stablecoin rese...
Top 12 Solana NFT Marketplaces (To Flip NFTs Now)
There are several Solana NFT marketplaces with different features. This diversity might make it difficult to choose and force first-time non-fungible token (NFT) investors to go on the hunt for the be...
How to Participate on Hoskinsea Seed Round Whitelist as Token Sale Begins
It’s been barely two months since the inception of Hoskinsea NFT Marketplace of which we have made a convincing progress towards the development of our products and marketplace. At the moment we are w...
Stratis to invest in a new blockchain innovation center in Uganda
Stratis has formed long-term cooperation with King Oyo’s benevolent Foundation, the current king of the Tooro Kingdom in Uganda’s southwest, which has a population of about one million people. The blo...
Binance Funds Elon Musk’s Twitter Acquisition With $500 Million
Leading global cryptocurrency exchange Binance has joined the list of companies that have invested in the recent $44 billion acquisition of Twitter made by the Tesla CEO, Elon Musk. Binance Provides $...
Binance commits $500 million to invest in Twitter with Elon Musk
According to data submitted by the US Securities and Exchange Commission, major crypto exchange Binance participated in Elon Musk’s $44 billion purchase of Twitter. On May 5, Musk filed a revised gene...
Former BitMEX CEO Arthur Hayes Asks For No Jail Time After Pleading Guilty
Arthur Hayes, the former CEO and co-founder of cryptocurrency derivatives exchange BitMEX, who pleaded guilty to violating the United States Bank Secrecy Act, is asking the court for no jail time and ...
The Flippening – Ethereum Overtakes Bitcoin in 26% of Countries Worldwide
London, UK, May 4th 2022 – CoinText.com has compiled a study of the popularity of cryptocurrencies across nations, which concludes that Ethereum investors outnumber Bitcoin investors in 26% of countri...
To Invest or Not To Invest In DAO Tokens: FIREPIN (FRPN) vs Uniswap (UNI)
– Advertisement – DAO Tokens have taken over the crypto world by instilling the spirit of community. The rise of cryptocurrencies over the pandemic can be seen as an intersection with the ...
Binance Acquires French Regulatory License in EU Push
Leading global cryptocurrency exchange Binance has received approval from the French Financial Service Coordinator, Autorité des marchés financiers (AMF), according to a Wednesday release from the fi...
Andreessen Horowitz (a16z) to Invest $400 Million in Elon Musk’s Twitter Takeover to Combat Cryptocurrency Spam Bots
– Advertisement – A16z disclosed that it will provide a $400 million financial backing to enable Elon Musk to acquire Twitter. Leading venture capital firm Andreessen Horowitz has announce...
Rick Ross Taunts Crypto Investors; Shows Off New House
Popular American hip-hop artist, Rick Ross, recently taunted crypto investors in a recent viral video, stating that he does not believe that they are actually rich. According to the Maybach Music Grou...
Binance to Invest $500 Million With Elon Musk in Twitter Takeover
Recently Twitter had agreed to sell itself to Elon Musk for a roughly $44 billion deal as this would expand Musk’s business empire. Now, interestingly, Binance, the largest crypto exchange has come up...
Solana-based Move-to-Earn Platform STEPN Hits 2.3 Million Active Users
STEPN, a popular move-to-earn platform built on Solana, has hit the 2.3 million active user mark, the project announced Tuesday. STEPN Sees Significant Adoption The move-to-earn platform has been in...
Elon Musk Changes Twitter Profile Pic to “Kinda Fungible” BAYC Collage
Elon Musk, CEO of Tesla, recently changed his Twitter profile picture to one with a collage of Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs). (Elon Musk BAYC Collection PFP) The move added f...
Liechtenstein’s LGT Bank ($290B in Assets) Launches Crypto Investment
LGT Bank, the largest global private banking and asset management group owned by the Princely House of Liechtenstein, announced its partnership with Switzerland’s SEBA Bank to offer cryptocurrency in...
Acardex Begins ACX Token Pre Sale to Early Buyers as Staking Platform Goes Live on Cardano
Acardex announces the successful Beta release of acardex staking platform on Cardano testnet. A big thanks to our community for their continued support and patience as we worked to push this across th...
US SEC Doubles Crypto Division Workforce to Enhance Investors Protection
The United States Securities and Exchange Commission (SEC) has nearly doubled the number of positions available in its Crypto Assets and Cyber Unit, a special division under the Division of Enforcemen...
Crypto ‘Detective’ (Zachxbt) Recovers $50K Stolen From Solana Investor
A Twitter user with the handle, @zachxbt recently helped a cryptocurrency investor recover $50,000 out of $240,000 worth of stolen funds. Zachxbt a self-named crypto ‘detective’ has become popular for...
India Plans to Impose 20% Tax on DeFi Transactions
India’s Central Board of Direct Taxes (CBDT) is planning on levying a 20% tax on interest earned from investing in decentralized finance (DeFi). Local news agency, the Economic Times, reported the dev...
Self-Named Satoshi Craig Wright Sues Coinbase and Kraken Over IP Claims
Self-proclaimed Bitcoin creator Craig Wright has filed a petition against two major cryptocurrency exchanges, Coinbase and Kraken. The petition over intellectual property claims was filed on 29 April ...
Celebrities invest in an animation app based on NFTs
As NFT trading grows in popularity, so do its investors. Recently there was talk about the new virtual development supported by producer Steve Aoki, singer Pitbull and businessman Mark Cuban that seek...
One Billion People Will Use Crypto Within the Next 10 Years
Brian Armstrong, the CEO of popular cryptocurrency exchange Coinbase, said at the ongoing Milken Institute Global Conference on Monday that one billion people would have used or attempted to use crypt...
If You Are Here for the Long Run, Invest in HUH Token (HUH) and Polkadot (DOT)
Place/Date: – May 3rd, 2022 at 3:06 pm UTC · 3 min read Source: HUH Token Many cryptocurrency fans use a short-term strategy to benefit from the cryptocurrency market’s price volatility. If you ...
T.E.A.M DAO Raises $5M Series a Round Led by Krust Universe and Animoca Brands
T.E.A.M DAO (TEAM), the metaverse’s first Guild 3.0, announced today that it has raised $5 million in a Series A round of funding co-led by Krust Universe and Animoca Brands, with participation from G...